Metro Homes Market

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Archives for August 2025

Weekly Market Report

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For Week Ending August 2, 2025

U.S. housing starts rose 4.6% month-over-month to a seasonally adjusted annual rate of 1,321,000 units, according to the U.S. Census Bureau. Single-family housing starts decreased 4.6% from the previous month to a seasonally adjusted annual rate of 883,000 units, while multi-family starts jumped 30.6% to 414,000 units.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING AUGUST 2:

  • New Listings increased 2.0% to 1,514
  • Pending Sales decreased 8.3% to 979
  • Inventory increased 3.4% to 10,301

FOR THE MONTH OF JUNE:

  • Median Sales Price increased 2.8% to $401,000
  • Days on Market increased 11.4% to 39
  • Percent of Original List Price Received decreased 0.1% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Mortgage Rates Continue to Decrease

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August 7, 2025
The 30-year fixed-rate mortgage dropped to its lowest level since April. The decline in rates increases prospective homebuyers’ purchasing power and Freddie Mac research shows that buyers can save thousands by getting quotes from a few different lenders.

Information provided by Freddie Mac.

Weekly Market Report

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For Week Ending July 26, 2025

Nationally, active listings reached 1.08 million in June, a 28.9% increase from a year earlier, according to Realtor®.com’s June 2025 Monthly Housing Market Trends Report. The typical home spent 53 days on the market, five days longer than last June, while 20.7% of listings had price reductions, the highest June share since at least 2016.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JULY 26:

  • New Listings decreased 4.7% to 1,433
  • Pending Sales increased 5.5% to 1,016
  • Inventory increased 4.0% to 10,262

FOR THE MONTH OF JUNE:

  • Median Sales Price increased 2.8% to $401,000
  • Days on Market increased 11.4% to 39
  • Percent of Original List Price Received decreased 0.1% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.